BONK slid back into the lower end of its trading band after repeated failures to break above the $0.00001090 resistance level, with a surge in activity signaling continued consolidation.

The meme token pulled back to $0.00001073 over the past 24 hours, declining 2.1% after another unsuccessful push toward the well-tested resistance zone. BONK once again underperformed the broader crypto market, trailing major benchmarks by about 3.5 percentage points, according to CoinDesk Research’s technical model.

Trading activity accelerated notably. Total volume climbed 11.46% above the weekly average to 557.6 billion tokens, with a pronounced spike at 16:00 UTC driving turnover to 879 billion — roughly 58% above typical levels. That surge aligned with yet another rejection at the top of BONK’s range, followed by a decisive shift lower as the token slipped beneath $0.00001080 after several failed attempts to bounce.

The steepest move of the session saw BONK fall from $0.00001085 to $0.00001072, backed by 63.3 billion in volume — adding to the series of lower highs that has defined its November structure. Key support remains concentrated between $0.00001050 and $0.00001040, while any meaningful trend reversal will require BONK to reclaim $0.00001090 with stronger buying momentum.